Nishimoto Co., Ltd. Announces Consolidated Earnings Results for the Second Quarter ended June 30, 2018; Provides consolidated Earnings Guidance for the Year Ending December 31, 2018
August 13, 2018
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Nishimoto Co., Ltd. announces consolidated earnings results for the second quarter ended June 30, 2018. For the quarter, the company reported net sales of JPY 90,251 million against JPY 86,646 million a year ago. Operating income was JPY 3,063 million against JPY 3,260 million a year ago. Profit attributable to owners of parent was JPY 2,183 million against JPY 1,448 million a year ago. Net income per share was JPY 152.11 against JPY 115.95 a year ago. Profit before income taxes was JPY 3,077 million against JPY 2,536 million a year ago. Net income was JPY 2,183 million against JPY 1,448 million a year ago. Cash flows from operating activities were JPY 3,512 million against JPY 1,512 million a year ago. Purchase of property, plant and equipment was JPY 62 million against JPY 345 million a year ago. Purchase of intangible assets was JPY 134 million against JPY 18 million a year ago.
The company provided consolidated earnings guidance for the year ending December 31, 2018. For the year, the company expects net sales of JPY 184,814 million. Operating income was JPY 6,775 million. Profit attributable to owners of parent was JPY 4,664 million. Net income per share was JPY 324.98.
Nishimoto Co., Ltd. is a Japan-based holding company engaged in development and logistics of the Asian food and food materials, as well as the inport and wholesale of vegetable and fruits. The Company operates in two business segments. The Global Asian Food Business segment is involved in the import of Japanese food, as well as the provision of Asian food and ingredients. The Segment is also involved in the wholesale to restaurants and grocery stores. The Agriculture and Fishery Business segment is involved in the import and wholesale of fruits and vegetables and other processed goods to food manufacturers and restaurants. The Company is also involved in the import of overseas foods and groceries, as well as the development, manufacture, import and sale of character goods.
Nishimoto Co., Ltd. Announces Consolidated Earnings Results for the Second Quarter ended June 30, 2018; Provides consolidated Earnings Guidance for the Year Ending December 31, 2018
NISHIMOTO CO., LTD. 
